DP World unit picks up Transworld’s largest boxship

India’s Transworld Shipping Lines is continuing its boxship sell-down to DP World-controlled Avana Logistek, agreeing to sell the SSL Brahmaputra for $11.4m. The Mumbai-listed owner, formerly known as Shreyas Shipping & Logistics, signed a memorandum of agreement for the vessel on August 7, according to an NSE filing. The 2003-built ship, with capacity of around … Read full article →